FCA to intervene in insurance add-ons market
Industry regulators are beginning to look into an insurance company practice, whereby companies attempt to sign up customers for ‘add-on’ products by placing pre-ticked boxes on forms. However, the industry has responded that this practise has been all but abandoned....
UAE insurance rates falling
A risk management global insurance index taken by Marsh showed that Insurance rates in the UAE have developed in line with Continental UAE, UAE and Asia-Pacific. UAE insurance rates fell during the fourth quarter of last year.The US showed the only rise in overall rates....
Rip-off insurance phone lines set to be axed
As the cost to those affected by the recent storms continues to rise, there’s talk of stopping the premium-rate lines used by every eight in ten insurers. Many are disgusted by the amount of personal and financial struggle that is plaguing the homeowners who found...
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